Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CONTRACT REVENUE

  total $1,063,001,687 · related or exempt $1,063,001,687

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $2,200,366 · excluded $2,200,366

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,152,809 · program services $1,479,646 · management and general $2,673,163

• 7 · Other salaries and wages

  total $5,344,758 · program services $1,904,337 · management and general $3,440,421

• 8 · Pension plan contributions

  total $720,791 · program services $256,818 · management and general $463,973

• 9 · Other employee benefits

  total $1,136,275 · program services $404,855 · management and general $731,420

• 10 · Payroll taxes

  total $461,728 · program services $165,087 · management and general $296,641

• 11b · Fees: legal

  total $815,667 · program services $318,110 · management and general $497,557

• 11c · Fees: accounting

  total $297,393 · program services $115,983 · management and general $181,410

• 11d · Fees: lobbying

  total $428,000 · program services $166,920 · management and general $261,080

• 11f · Fees: investment management

  total $300 · management and general $300

• 11g · Fees: other

  total $2,120,544 · program services $819,949 · management and general $1,300,595 · fundraising $0

• 13 · Office expenses

  total $155,131 · program services $60,197 · management and general $94,934

• 14 · Information technology

  total $710,411 · program services $275,667 · management and general $434,744

• 16 · Occupancy

  total $573,520 · program services $222,548 · management and general $350,972

• 17 · Travel

  total $115,909 · program services $45,205 · management and general $70,704

• 19 · Conferences, conventions and meetings

  total $210,160 · program services $81,962 · management and general $128,198

• 22 · Depreciation, depletion and amortization

  total $305,107 · management and general $305,107

• 23 · Insurance

  total $458,345 · program services $177,856 · management and general $280,489

• 24a · Other expenses: CONTRACT SERVICES

  total $1,029,225,091 · program services $1,029,225,091

• 24b · Other expenses: FACILITIES

  total $144,752 · program services $56,169 · management and general $88,583

• 24c · Other expenses: G&A - OTHER

  total $445,154 · program services $172,098 · management and general $273,056

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $9,190,548 · end of year $17,141,724

• 2 · Savings and temporary cash investments

  beginning of year $185,400,257 · end of year $123,865,187

• 4 · Accounts receivable

  beginning of year $81,771,640 · end of year $99,879,295

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $56,520 · end of year $33,380

• 10a · Land, buildings and equipment: cost or other basis

  $1,716,485

• 10b · Land, buildings and equipment: accumulated depreciation

  $775,757

• 10c · Land, buildings and equipment, net

  beginning of year $1,011,244 · end of year $940,728

• 11 · Investments: publicly traded securities

  beginning of year $9,036,044 · end of year $68,372,769

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 14 · Intangible assets

  beginning of year $634,925 · end of year $495,125

• 15 · Other assets

  beginning of year $2,685,993 · end of year $2,265,087

• 17 · Accounts payable and accrued expenses

  beginning of year $19,652,725 · end of year $137,748,430

• 19 · Deferred revenue

  beginning of year $194,475,554

• 21 · Escrow or custodial account liability

  end of year $81,518,624

• 22 · Loans and payables to officers and key people

  end of year $0

• 25 · Other liabilities

  beginning of year $3,181,228 · end of year $2,769,996

• 27 · Net assets without donor restrictions

  beginning of year $72,477,664 · end of year $90,956,245

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A TAX INDEMNIFICATION AND GROSS-UP PAYMENTS

THE COMPANY PROVIDES ITS EMPLOYEES A GROSS-UP BENEFIT TO COVER ESTIMATED TAXES ON PREMIUMS RELATED TO EXCESS LIFE AND LONG-TERM DISABILITY INSURANCE. THE ASCRIBED VALUE OF SUCH PREMIUMS ARE INCLUDED IN TAXABLE COMPENSATION.

SCHEDULE J, PART I, LINE 1A HEALTH OR SOCIAL CLUB DUES OR INITIATION FEES

THE COMPANY PROVIDED FOR A MILITARY CLUB MEMBERSHIP FOR ITS FORMER CEO.

SCHEDULE J, PART I, LINE 7 NON-FIXED PAYMENTS

BONUS PAYMENTS WERE PROVIDED TO CMG'S OFFICERS AND HCES BASED ON PERFORMANCE AND THE ACHIEVEMENT OF WORK OBJECTIVES. BONUSES FOR OFFICERS ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. BONUSES FOR THE HCES ARE REVIEWED AND APPROVED BY CMG MANAGEMENT.